Featured Post

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA)

Twenty Practical Steps to Better Corporate Governance | The Corporate Secretaries International Association (CSIA) Please click the li...

Tuesday, April 4, 2017

The Biggest Loser: CarMax Tumbles 4.3%

http://ift.tt/2nKsnGP

ON-CB239_CRASH2_D_20170322163740.jpg

CarMax (KMX) tumbled to the bottom of the S&P 500 today as car companies cratered on disappointing auto sales data, and Barron's Bill Alpert panned the stock over the weekend. CarMax dropped 4.3% to $56.67 today, while the S&P 500 declined 0.2%. Joining CarMax among the S&P 500's five worst performers were O'Reilly Automotive (ORLY), BorgWarner (BWA), and AutoNation (AN). which fell 4.1%, 3.5%, and 3.4% respectively. The Lindsey Group's Peter Boockvar has the details on today's disappointing auto sales:

April 04, 2017 at 02:00AM

http://ift.tt/2o3eGC0

from Ben Levisohn

http://ift.tt/2o3eGC0
Posted by at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)